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Will Fed Cut Rates By 3%? Is Massive Inflation Returning? Economist Steve Hanke Answers

by July 17, 2025
July 17, 2025

Steve Hanke criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the Fed for exacerbating income inequality, and argues that tariffs cause temporary price blips while money supply drives long-term inflation trends.

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